UK100 index recovers after plummeting

Note: This section contains information in English only.
Source: Dukascopy Bank SA


On March 3, the UK100 index plummeted below the 200-day simple moving average and the lower trend line of the channel up pattern, which guided the rate since late November. Moreover, the next day, the index reached below the lower trend line of the pattern, which captures the stock's moves since the coronavirus drop in March 2020.

However, the pair recovered after touching the 6,770.00 mark. On March 16, the index had recovered back above the 200-day simple moving average near 7,250.00.

A continuation of the surge of the index might reach for the 7,400.00 mark and the 50-hour simple moving average. Higher above, note the resistance of the February high levels at 7,695.00/7,730.00.

On the other hand, a decline of the stocks might look for support in the 7,000.00 mark, before approaching the 6,770.00 level.
Back to articles

Actual Topics

Wed, 16 Mar 2022 12:07:52 GMT

EUR/CHF is pushed up by central banks

In late February, the Euro has dropped against the Swiss Franc various fundamental aspects. However, the reaching of low levels not seen since 2015 was followed by a recovery, which is clearly fueled by the policy of the European Central Bank and the Swiss National Bank. First of all the European Central Bank has been keeping its monetary stimulus programs intact,

Tue, 15 Mar 2022 11:13:36 GMT

Silver breaks 2021 high resistance line

At the end of February, the price for silver passed above the 2021 high level connecting trend line. Afterwards, the commodity surged to the 27.00 mark and bounced off its resistance. By doing so, the rate revealed a channel up pattern, which captures the 2022 recovery of the metal. On March 15, the price was retracing downwards and was expected

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.